One asset class that seems to have garnered quite a bit of attention lately isn’t equities or fixed income, but currencies, and in particular the US Dollar ($USD). Is the domestic currency finally ready to move higher after being range-bound for the last nine months? Last week, J.C. Parets of All Star Charts posed the […]
The Current Environment versus 1998 & 1990
Earlier this week,ย Charlie Bilello put out this tweet, comparing the recent “V” bottom off the December lows to previous corrections and bear markets: As we can, if the current rally kept on this same projectory, it would wind up as one of the quickest recoveries from a “bear market” over the last 90 years. The […]